Education
About Us
Working with TipRanks
Follow Us
Keppel Corporation Limited (SG:BN4)
:BN4
RESEARCH TOOLSreports
Earnings Data
Report Date
Apr 17, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.26Last Year’s EPS
0.32Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: -10.86%
|Next Earnings Date:Apr 17, 2025
Earnings Call Sentiment|Neutral
Keppel demonstrated strong financial growth with notable achievements in asset management and infrastructure segments. However, challenges with legacy O&M assets and declines in certain segments like Infrastructure and Real Estate indicate areas requiring attention.Company Guidance
During the call, Keppel provided a comprehensive overview of its financial performance and strategic direction for the fiscal year 2024. The company achieved a net profit of $1.06 billion from continuing operations, marking a 5% increase from the previous year, and generated a free cash inflow of $901 million. Keppel's asset management fees surged by 54% to $436 million, while its funds under management expanded from $55 billion to $88 billion. The Connectivity segment exhibited a notable 45% growth in earnings. Keppel's return on equity improved to 10.1%, excluding legacy assets, and the company announced $7 billion in asset monetizations since 2020. With an ambitious goal to reach $200 billion in funds under management by 2030, Keppel is focused on organic growth, leveraging its strengths in sustainability and connectivity, supported by $26 billion in dry powder and a $40 billion deal flow pipeline. Additionally, Keppel is working towards an additional $50 million in annual cost savings by 2026. The company declared a final cash dividend of $0.19 per share, culminating in a total dividend of $0.34 per share for FY '24.Strong Financial Performance
Net profit from continuing operations was $1.06 billion in FY 2024, about 5% higher than the $1.02 billion in FY 2023. Connectivity segment recorded a 45% earnings growth year-on-year.
Significant FUM Growth
Funds under management surged from $55 billion to $88 billion in FY 2024, a growth of approximately 60%.
Successful Asset Monetization
Announced close to $7 billion in asset monetization since 2020, with a target of $10-$12 billion by 2026, not including the $4.7 billion from the divestment of Keppel O&M.
Infrastructure Segment Performance
Earnings from the Infrastructure segment surged 4.9x from $137 million in FY '21 to $673 million in FY '24.
Impressive Dividend Returns
Proposed a final cash dividend of $0.19 per share for FY '24, with total dividends amounting to $0.34 per share for the year.
---
SG:BN4 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
SG:BN4 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 04, 2025 | S$6.63 | S$6.68 | +0.75% |
| Oct 17, 2024 | S$6.38 | S$6.43 | +0.78% |
| Jul 31, 2024 | S$6.47 | S$6.17 | -4.64% |
| Apr 24, 2024 | S$6.74 | S$6.69 | -0.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Keppel Corporation Limited (SG:BN4) report earnings?
Keppel Corporation Limited (SG:BN4) is schdueled to report earning on Apr 17, 2025, TBA Not Confirmed.
What is Keppel Corporation Limited (SG:BN4) earnings time?
Keppel Corporation Limited (SG:BN4) earnings time is at Apr 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Keppel Corporation Limited stock?
The P/E ratio of Keppel Corporation Limited is N/A.
What is SG:BN4 EPS forecast?
SG:BN4 EPS forecast for the fiscal quarter 2025 (Q1) is 0.26.
---